What Buyer Activity Tells Us About the Housing Market

Written by Marathon Florida Keys Mortgage on March 16, 2023. Posted in For Sellers, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Move-Up Buyers, Selling Myths.

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can be seen in the latest ShowingTime Showing Index, which is a measure of buyers actively touring available homes (see graph below): The 62% jump in showings from December to January is one of the largest on record. There were also more showings in January than in any...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

An Expert Gives You Clarity in Today’s Housing Market

Written by Marathon Florida Keys Mortgage on March 14, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Move-Up Buyers, Selling Myths.

The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide clarity like that is critical right now. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry....

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

2 Things Sellers Need To Know This Spring

Written by Marathon Florida Keys Mortgage on March 9, 2023. Posted in For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says: “. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.” The need to price your house right is so important today because the market has changed...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Spring into Action: Boost Your Home’s Curb Appeal with Expert Guidance

Written by Marathon Florida Keys Mortgage on February 20, 2023. Posted in For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but inventory is still historically low. So, if a house has been sitting on the market for a while, that’s a sign it may not be hitting the mark for potential buyers. But here’s the thing. Right now, homes that are updated and priced at market value are still selling fast.

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

The Top Reasons for Selling Your House

Written by Marathon Florida Keys Mortgage on February 8, 2023. Posted in For Sellers, Interest Rates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started coming down from last year’s peak, they’re still higher than they were a couple of years ago.

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Should You Rent Your House or Sell It?

Written by Marathon Florida Keys Mortgage on February 1, 2023. Posted in For Sellers, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Want To Sell Your House? Price It Right.

Written by Marathon Florida Keys Mortgage on January 23, 2023. Posted in For Sellers, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Pricing, Selling Myths.

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Planning To Sell Your House? It’s Critical To Hire a Pro.

Written by Marathon Florida Keys Mortgage on December 29, 2022. Posted in For Sellers, FSBOs, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. A Real Estate Advisor Is an Expert on Market Trends Leslie Rouda Smith, 2022 President of the National Association of Realtors (NAR), explains: “During challenging...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Confused About What’s Going on in the Housing Market? Lean on a Professional.

Written by Marathon Florida Keys Mortgage on December 27, 2022. Posted in Buying Myths, For Buyers, For Sellers, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.” Unfortunately,...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

Written by Marathon Florida Keys Mortgage on December 13, 2022. Posted in For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It shows supply has surpassed 2021 levels by 58%. But the further back you look, the more you’ll understand the bigger picture. And if you go all the way back to 2019, the last normal year in real estate, we’re roughly 35% below the housing...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

What Every Seller Should Know About Home Prices

Written by Marathon Florida Keys Mortgage on December 12, 2022. Posted in For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home Prices? It’s possible you’ve seen news stories mentioning a drop in home values or home price depreciation, but it’s important to remember those headlines are designed to make a big impression in just a few words. But what headlines aren’t always great at is painting the full picture. While home prices are down slightly month-over-month...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Reasons To Sell Your House This Season [INFOGRAPHIC]

Written by Marathon Florida Keys Mortgage on December 9, 2022. Posted in For Sellers, Housing Market Updates, Infographics, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Some Highlights If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house. The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and many are hoping to avoid falling into the rental trap for another year. Let’s connect to determine if selling your house before the new year is the right move for you. Content previously posted on Keeping Current Matters

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Winter Home Selling Checklist [INFOGRAPHIC]

Written by Marathon Florida Keys Mortgage on December 2, 2022. Posted in For Sellers, FSBOs, Infographics, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Some Highlights As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. Let’s connect so you have advice on what you may want to do to get your house ready to sell this season. Content previously posted on Keeping Current Matters

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

What Homeowners Want To Know About Selling in Today’s Market

Written by Marathon Florida Keys Mortgage on November 22, 2022. Posted in For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Move-Up Buyers, Selling Myths.

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers may lament that they missed their prime window, in reality, this is still a terrific time to sell. In fact, according to a recent Realtor.com® home seller survey, 95% of sellers who sold their home in the past year got more than they paid for it. Nonetheless,...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Should You Update Your House Before You Sell? Ask a Real Estate Professional. [INFOGRAPHIC]

Written by Marathon Florida Keys Mortgage on November 18, 2022. Posted in For Sellers, Housing Market Updates, Infographics, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing market. They know what buyers are looking for and how to highlight any upgrades you make. Let’s connect so you know where to focus your efforts so your house will stand out in a today’s market. Content previously posted on Keeping Current Matters

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Perspective Matters When Selling Your House Today

Written by Marathon Florida Keys Mortgage on October 13, 2022. Posted in For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Move-Up Buyers, Pricing, Selling Myths.

Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale than Pre-Pandemic While the supply of homes available for sale has increased this year compared to last, we’re still nowhere near what’s considered a balanced market. A recent article from Calculated Risk helps put this year’s increased inventory into context (see graph below): It...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

How To Prep Your House for Sale This Fall

Written by Marathon Florida Keys Mortgage on October 3, 2022. Posted in For Sellers, FSBOs, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your investment. Here are a few simple tips to make sure you maximize the sale of your house this fall. 1. Price It Right One of the first things buyers will notice is the price of your house. That’s because the price sends a message to home shoppers. Pricing...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

If You’re Thinking of Selling Your House This Fall, Hire a Pro

Written by Marathon Florida Keys Mortgage on September 29, 2022. Posted in For Sellers, FSBOs, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here are five key reasons why working with a real estate professional makes sense today. 1. A Professional Follows the Latest Market Trends With higher mortgage rates and moderating buyer demand, conditions are changing and staying on top of the latest market information is...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Will My House Still Sell in Today’s Market?

Written by Marathon Florida Keys Mortgage on September 19, 2022. Posted in For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below): The orange...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

Written by Marathon Florida Keys Mortgage on September 13, 2022. Posted in For Sellers, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house. Here are some considerations a professional will guide you through. What You Need To Know About Your Local Market Since the supply of homes for sale has increased so much this year, today’s buyers have more options than they had last year. That may mean...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]

Written by Marathon Florida Keys Mortgage on September 2, 2022. Posted in For Sellers, Housing Market Updates, Infographics, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price. You haven’t missed your opportunity to sell. Let’s connect to start the process today. Content previously posted on Keeping Current Matters

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

Written by Marathon Florida Keys Mortgage on August 24, 2022. Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Myths.

Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. One of the key reasons why the market won’t crash this time is the current undersupply of inventory. Housing supply comes from three key places: Current homeowners putting their homes up for sale Newly built homes coming onto the market Distressed properties (short sales...

#marathonflmortgage, #marathonflmortgagerates, #mortgagemarathonfl

Category: Selling Myths